This week, there are new chances for people who want to invest in the stock market through IPOs.
The companies offering IPOs include Tata Technologies, Flair Writing Industries Limited, Fed Bank Financial Services Limited, Gandhar Oil Refinery India Limited, and Indian Renewable Energy Development Agency Limited.
Flair Writing Industries Ltd IPO
Price Range: The shares are priced between Rs 288 to Rs 304 each.
How Many Shares in a Batch: You can buy 49 shares at a time.
Where it’s Listed: The company will be on both BSE and SME.
When to Invest: The IPO is open for investment from November 22 to November 24, 2023.
Experts have different opinions about this IPO. Arun Kejriwal thinks it’s a good opportunity for those who want to invest for the long term or medium term.
On the other hand, Mohit Gulati suggests skipping this IPO.
Fed Bank Financial Services IPO (Fedbank Financial Services Ltd)
Price Range: Shares are priced between Rs 133 to Rs 140 each.
How Many Shares in a Batch: You can buy 107 shares at a time.
When to Invest: The IPO is open for investment from November 22 to November 24, 2023.
Where it’s Listed: The company will be on both BSE and NSE.
Mohit Gulati advises caution due to new RBI guidelines, while Arun Kejriwal believes the company’s valuation is high under the new rules.
Gandhar Oil Refinery India IPO (Gandhar Oil Refinery India Ltd)
Price Range: Shares are priced between Rs 160 to Rs 169 each.
How Many Shares in a Batch: You can buy 88 shares at a time.
When to Invest: The IPO is open for investment from November 22 to November 24, 2023.
Arun Kejriwal thinks this IPO is good for short and medium-term investments, while Mohit Gulati recommends subscribing to it, considering it a good opportunity.
Indian Renewable Energy IPO (IREDA IPO)
Price Range: Shares are priced between Rs 30 to Rs 32 each.
How Many Shares in a Batch: You can buy 460 shares at a time.
When to Invest: The IPO is open for investment from November 21 to November 23, 2023.
Avinash Gorakshkar sees long-term potential in Indian renewable energy but suggests gains on the listing day may be limited.
Tata Technologies Ltd IPO
Price Range: Shares are priced between Rs 475 to Rs 500 each.
How Many Shares in a Batch: You can buy 30 shares at a time.
When to Invest: The IPO is open for investment from November 22 to November 24, 2023.
Where it’s Listed: The company will be on BSE SME.
Arun Kejriwal finds Tata Technologies IPO attractive for the next 3 to 5 years, but notes the issue size is small. Avinash Gorakshkar is also optimistic about this IPO.
